Believe it or not, Congress passed a law. That law impacts how you, Automotive Industry Company, are providing your warranties (hopefully, limited warranties with limited remedies – but that is a topic for another post). The E-Warranty Act of 2015 now permits disclosure of consumer warranty terms via the “manufacturer’s” website. That is right Automotive … Continue reading this entry Tags: congress,Federal Trade Commission,warranty law

Though often overlooked, bankruptcy sales can be a real boon to businesses looking for a great deal. Prospective purchasers must, of course, interface with the bankruptcy court, so these companies must understand the lay of the land when looking for a bargain. For example, in the last two years, Wanxiang Group purchased an electric-powered-automobile manufacturer … Continue reading this entry Tags: contracts,liability,warranty law

Disputes in the automotive supply chain often involve questions concerning warranties, warranty disclaimers, limitations on remedies and limitations on damages. Understanding the basics of warranty law is critical to managing and litigating these disputes. The starting point in most commercial cases involves analyzing the warranty given to the buyer by the seller when supplying automotive components. These include … Continue reading this entry Tags: Uniform Commercial Code,warranty law